Market Research Report
Global Cardiac Arrest Treatment Market 2020-2026
|Published by||Orion Market Research Pvt Ltd||Product code||949458|
Delivery time: 2-3 business days
|Global Cardiac Arrest Treatment Market 2020-2026|
|Published: May 22, 2020||Content info:||
Global Cardiac Arrest Treatment Market Size, Share & Trends Analysis Report by Treatment (Drugs and Medical Devices) and Forecast 2020-2026
The global cardiac arrest treatment market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the increasing geriatric population and rising prevalence of cardiovascular diseases (CVDs). With the increasing population, the number of people suffering from cardiac irregularities are increasing. To cater the patient base, the government organizations are actively launching plans in support of CVD. For instance, China PEACE Millions Persons Project was established by the Ministry of Finance in 2014. It is a continuous government-funded initiative with the aim of enrolling 5 million people to improve CVD risk factors in China.
The cardiac arrest treatment market is classified on the basis of treatment, which includes drugs and medical devices. The drugs segment is further classified into vasopressors, corticosteroids, anti-arrhythmic drugs, and others. The medical devices segment in the cardiac arrest market is further sectioned into defibrillators, cardiac resynchronization therapy (CRT), and others. Among these two, the medical devices are majorly used in the treatment of cardiac arrest across the globe. The key players of the cardiac arrest treatment market such as Koninklijke Philips N.V. are offering AED (Automated External Defibrillator).
Geographically, the global cardiac arrest treatment market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is expected to contribute a significant share in the global market. The US with a highly matured and technologically advanced healthcare infrastructure, contributes considerably in the cardiac arrest treatment market. The growth of the market in the US is further supported by the government initiatives and programs for the rising prevalence of CVD. For instance, American Heart Association (AHA) collaborated with Koninklijke Philips N.V. and started a 'Connected Pulse' program, in order to increase the survival rates of sudden cardiac arrest.
The global cardiac arrest treatment market is influenced by product development and advancements conducted by the market players. The key players of the cardiac arrest treatment market include ZOLL Medical Corp., General Electric Co., Abbott Laboratories, Stryker Corp., Boston Scientific Corp., and Koninklijke Philips N.V. These players are playing a significant role in the growth of the cardiac arrest treatment market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
The market study of the global cardiac arrest treatment market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
The Report Covers: